Business, 27.03.2020 01:27 janai3602

Dividend of $4.00 per share one year from today. However, after that, the company expects a slowdown in its business and will not pay a dividend for the next 4 years. Then, 6 years from today, the company will begin paying an annual dividend of $2.10 forever. The required return is 12.1 percent. What is the price of the stock today?

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Dividend of $4.00 per share one year from today. However, after that, the company expects a slowdown...

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